Code of Ordinances

Of Union County, Illinois.

22-4-12 Maximum Maturities

To the extent possible, the County shall attempt to match its investments with anticipated cash flow requirements.  Unless matched to a specific cash flow, the County will not directly invest in securities maturing more than two (2) years from the date of purchase.

Reserve funds may be invested in securities exceeding two (2) years if the maturity of such investments are made to coincide as nearly as practicable with the expected use of the funds.

Retrieved from: www.unioncountyil.gov